Foreign investment definitions frame how equity, portfolio holdings, sectoral caps, and instrument classifications are treated under the rules. Rule 2 sets out the interpretative framework for the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 by defining key terms such as FDI, foreign investment, foreign portfolio investment, non-debt instruments, equity instruments, Indian company, Indian entity, investment vehicle, sectoral cap, control, convertible note, hybrid securities, LLP, FPI, FVCI, and permissible jurisdiction. It also explains how partly paid shares, share warrants, beneficial ownership, repatriation basis, and indirect foreign investment are treated for classification and cap purposes, and provides that undefined expressions take their meaning from the Act, rules, and regulations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign investment definitions frame how equity, portfolio holdings, sectoral caps, and instrument classifications are treated under the rules.
Rule 2 sets out the interpretative framework for the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 by defining key terms such as FDI, foreign investment, foreign portfolio investment, non-debt instruments, equity instruments, Indian company, Indian entity, investment vehicle, sectoral cap, control, convertible note, hybrid securities, LLP, FPI, FVCI, and permissible jurisdiction. It also explains how partly paid shares, share warrants, beneficial ownership, repatriation basis, and indirect foreign investment are treated for classification and cap purposes, and provides that undefined expressions take their meaning from the Act, rules, and regulations.
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